Lloyd Motor Group has officially acquired Stratstone Tyneside BMW & MINI, now rebranded as Lloyd North Tyneside BMW & MINI, effective October 29.
Situated just outside Newcastle at Silverlink Shopping Park, customers can visit the newly acquired centers at Bittern Close, Silverlink Park, NE28 9ND.
Sam Lloyd, Managing Director of Lloyd Motor Group, expressed enthusiasm about the acquisition, stating, “We are excited to add this dynamic location to our portfolio, strengthening our presence in the North East and surrounding areas. We take pride in the quality of service we provide and look forward to reaching an even wider audience. We are grateful to take over the business from Stratstone and are committed to continuing their excellent work, assuring existing customers that our team will take great care of them. We extend our thanks to Stratstone and wish them success in their future endeavors.”
The acquisition has brought 57 new colleagues to Lloyd Motor Group, with plans to create 18 additional jobs, including a head of business role to oversee operations at the North Tyneside location.
Gary Bingley, BMW Franchise Director for Lloyd Motor Group, added, “We are eager to settle into our new location and showcase what Lloyd Motor Group has to offer to both existing and new customers. Our established relationships through our BMW, MINI, Bodyshop, and Select operations have already made us a familiar name in the North East, and we see this acquisition as a chance to deepen our roots in the community. With ambitious growth plans ahead, we are thrilled to be creating new jobs and opportunities in the region.”
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